Cities
The Park at Eagle Creek in Indianapolis Draws Out-of-Market Buyer
In a deal arranged by CBRE, Block Funds and Block Multifamily Group purchased a 240-unit apartment community located in the thriving west side of Indianapolis.
On the Market: This Week’s 5 Most Interesting CRE Listings
Check out this week’s most interesting CRE listings across the country.
Kor Group Revives Multifamily Development in Santa Barbara
Santa Barbara is getting its first new multifamily residential community in close to 30 years thanks to a new luxury development by The Kor Group.
Upscale Apartments in Downtown Durham Change Hands
In a nearly $55 million deal, Bell Partners has acquired the 340-unit apartment community at 605 W. Chapel Hill St. in Durham, which it rebranded Bell West End.
ARA Newmark Brokers Sale of 360-Unit Community in Suburban Dallas
In a deal facilitated by ARA Newmark, California-based Frankel Family Trust has acquired Jefferson Center, a 360-unit apartment community located in the Dallas suburb of Richardson.
Timberland Partners Acquires Autumn Park in Overland Park
Timberland Partners has acquired a 232-unit apartment community in suburban Kansas City, which it rebranded Arcadia at Overland Park.
Hunt Mortgage Group Provides $25.4M Loan for 316-Unit Katy Community
Fountains of Katy landed a $25.4 million acquisition loan, thanks to Hunt Mortgage Group.
IPA Arranges Sale of Miracle Mile Apartment Asset
The property was acquired by a private investor.
Seattle’s Largest Rental Developments Completed in 2015
A total of 4,279 new apartments were added to Seattle’s local inventory in 2015.
City Council Approves de Blasio’s Affordable Housing Programs
The NYC City Council approved two major components of Mayor de Blasio’s affordable housing plan with the passing of the MIH and ZQA programs.